Written Question·Treasury·UIN 40961
Safe Hands Plans: Insolvency
Tabled: 24 March 2025
Answered: 1 April 2025
Question
Terry Jermy
Labour — South West Norfolk
To ask the Chancellor of the Exchequer, what assessment she made of the potential implications for her policies of the report by the Financial Regulators Complaints Commissioner on the Financial Conduct Authority's handling of Safe Hands Plans Limited, pu
Answer
Emma ReynoldsI am sympathetic to all the Safe Hands customers who have lost money, following the collapse of the firm in 2022. Once concerns were raised about the funeral plan market, in 2021 the Government legislated to bring all pre-paid funeral plan providers and i...
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